Volkswagen AG says it will spend $1 billion between 2000-2004 on improvements to its Puebla, Mexico, plant, which makes the automaker's popular New Beetle as well as the compact car's predecessor, made popular in the U.S. during the 1960s. The upgrades at the factory reportedly will include engine production and preparation to build a convertible model of the New Beetle. Puebla suspended output of the Beetle and Jetta last Thursday (Dec. 16) because of a supply shortage created by a ...
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